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Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH -- Ignore unavailable to you. Want to Upgrade?


To: WR61499 who wrote (1788)6/29/1998 10:08:00 PM
From: Author51  Read Replies (4) | Respond to of 3817
 
Technically, this thing is so oversold it ain't funny.....We have been looking into what is going on here, and Stockjocke on CW has reported there is a BIG investor who has been selling...His reasons for doing so, remain unclear...We have determined, there have on average been as many buys as sells, (this pertains to the day after the news release) on this info. we MUST assume we have at the least, built a resistance level, or base at about 12c.....How much more stock does this guy have is anybody's guess...WHY is he selling, also anybody's guess....Was there shorting, YES....We're still investigating...Peace